- Managers of Wealth - Europe - Wealth, private banking and asset management news and opinion

Dirty Cash by Tom Becket, Psigma

I read with interest that Crispin Odey has totally flattened his “book” in recent weeks in anticipation of rocky times for global asset markets; he is considered a predictive genius.

Cost of SII remains a major concern for insurance industry

A survey conducted by Grant Thornton UK LLP has found that only 6% of respondents believe the costs of Solvency II are 'reasonable'. By contrast, the survey finds that more than three quarters (76%) of respondents consider the costs of Solvency

Business before wealth: HNW business owners in Asia, Africa and the Middle East

The research surveyed stakeholders in family businesses with a 2012 turnover and family net worth in excess of US$100 million, as well as stakeholders in non-family businesses with a 2012 turnover and individual net worth in excess of US$25 million.

Price of Luxury Livinfg Falls For Wealthy Londoners

Beluga caviar, cigars and fine dining are among the luxury goods and services that became more affordable for wealthy Londoners over the last year

Retail banks responding to challenge of improving customer experiences

Research conducted by leading business and financial adviser Grant Thornton UK LLP has found that the UK's top retail banks are responding positively to the challenge of delivering improved customer experiences.

Banks and asset managers cheapening funds of funds - report

It also highlights Santander’s Max 50% Shares fund and the Old Mutual Voyager Diversified fund, both of which use several of their own funds.

Most Investors Simply “Follow Their Gut” When Making Decisions - RESEARCH

Investors worldwide are at an impasse on reaching their financial goals, relying on little more than gut instinct as a guide to investing success despite admitted lack of investment knowledge, according to a recent survey from Natixis Global Asset Managem

US Corporate War Chest by Justin Urquhart Stewart

One of the features of the US recovery from the financial crisis has been the growth in the cash piles amongst many of the corporates.

A time of universal deceit by Tim Price

“Individuals who cannot master their emotions are ill-suited to profit from the investment process.” - Ben Graham.

Wealth managers need to get moving on mobile

It is no surprise that the clients of wealth managers tend to be wealthy people.

Fund managers eye bumper inflows over next 5-yr

When you recognise that relatively recent net new money growth rates for the overall industry have been in the range of 3 per cent to 5 per cent

Take the Rough with the Smooth - Volatility and Opportunity by Tom Becket, Psigma

As I approach my ten year anniversary at Psigma I have to admit that markets have rarely been so 'boring' and exciting new ideas have never been as hard to come by as they are now. It is a uniquely difficult investment environment.

Surprise! Wealth Managers Who Ask Their HNW Clients for Referrals Get Them

However, only 30% of respondents reported being asked for referrals by their wealth managers at least once a quarter.

Danish asset managers climb in 2014 global ranking

Assets under management (AUM) at Nordea Investment Management rose to around €151bn at the end of 2013

Wealthy Russians pouring money into Estonian commercial property

Aavo Kokk, CEO of real estate advisory company Catella Corporate Finance says that these are good times for commercial real estate.

‘Winner takes all’ industry to drive asset manager M&A surge

Global M&A activity has rebounded strongly on the back of increased risk appetite and improving valuations.

Pension savers are being put off by the lifetime cap - Brewin Dolphin

Head of Financial Planning Nick Fitzgerald is concerned that pension savers, who have been ‘kicked around like a political football’, are missing out on valuable tax relief because of fears that they might hit the cap.

Be 'valuation aware' rather than 'valuation driven' says Legal & General

In today’s Fundamentals briefing, Lars Kreckel, an LGIM equity strategist, looked to clear up some of the common misconceptions around equity valuations whilst presenting a new LGIM Composite Valuation Indicator, the Factor.

DFMs and advisers need a clear mandate

“Investment portfolios should be created in answer to the most important question to be asked of any investor, ‘what do you need the money to do?’

HSBC Private Bank Q3 Investment Outlook - Willem Sels, UK Head of Investment Strategy, HSBC Private Bank

Portfolio Considerations: The main risk is being under-invested

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